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<br />MEMORANDUM <br /> <br />TO: The Town of Johnstown File <br /> <br />FROM: Bill Green <br /> <br />DATE: August 20, 1996 <br /> <br />SUBJECT: Telephone Conversation with Mike Brode of the Water & Power Authority <br /> <br />Johnstown has a loan authorization for $1,785,000 under the Authority's Small Water Resource <br />Projects (bonding) program for the pipeline project. This amount represents the Town's <br />borrowing limit under the Authority's bonding program. The Town is discussing with the <br />Authority a broader definition of the project so that rehabilitation of the Johnstown raw water <br />reservoir might also be eligible as part of the $1.785 million. Mike called to ask if we had any <br />problem with this - I advised him we probably would not. <br /> <br />The CWCB authorization of $2,542,500 is for the pipeline project only. The town has also <br />inquired about expanding their authorization with us to include the reservoir rehabilitation, a <br />sediment removal project. We have advised them that we could probably go to the Board and to <br />the Legislature to request an expanded authorization if they so desire. The scope of the feasibility #~ <br />would have to be expanded to include the reservoir rehab. - -/ <br /> <br />cc: Section B Staff <br />Linda Bassi, OAG <br />